Indicate whether the statement is true or false
FALSE
Refer to Table 4-4. If a minimum wage of $10.50 an hour is mandated, what is the quantity of labor supplied?
A) 400,000 B) 370,000 C) 340,000 D) 60,000
Figure 11-2 In Figure 11-2, at what price would the monopolist maximize profit?
A. E B. F C. G D. H